Parkview Prep Academy Inc

Analysis

Parkview Prep Academy Inc is a registered charity in United States, based in Avon Park, FL. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parkview Prep Academy Inc reported income of $1.6m and spending of $1.3m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $905k to $1.6m (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parkview Prep Academy Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Beyond Conflict Inc ($1.6m), Utah Tech University Foundation ($1.6m) and Bridgeport International Academy Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $70k (5.2% of expenses). Other salaries and wages came to $555k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 25 employees.